Sunday, July 31, 2016

For Oracle, Money’s Not the Problem. It’s Coping With the Cloud. - The New York Times

A cloudy future for Oracle

"While Lawrence J. Ellison, Oracle’s brash executive chairman, is still an outsize personality at the company he co-founded, Mr. Kurian has been the key figure in Oracle’s attempted reinvention, overseeing sweeping changes in its engineering. That includes the creation of a network of 21 data centers around the world, a project that has cost perhaps $15 billion. NetSuite is Oracle’s first major acquisition intended to tie right into this new global system.

“Money isn’t the problem for us,” said Mr. Kurian, who is Oracle’s president of product development. He added that “between 2004 and 2014 we spent some $40 billion to $45 billion on acquisitions.”"